Dow snaps losing streak on energy lift

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Red Hat (RHT) PT Lowered to $170 at Deutsche Bank; Bull Case Bent, Not Broken

June 22, 2018 7:39 AM EDT

Deutsche Bank lowered its price target on Red Hat (NYSE: RHT) to $170.00 (from $185.00) while maintaining a Buy rating following results.

Analyst Karl Keistead commented, "Following a stellar FY18 and strong 4QF18 results, Red Hat posted surprisingly soft 1QF19 numbers and 2QF19 guide. While... More